Solis Minerals Ltd (SLMN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Solis Minerals Ltd (SLMN) has a cash flow conversion efficiency ratio of -0.043x as of February 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-378.11K ≈ $-273.52K USD) by net assets (CA$8.70 Million ≈ $6.29 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Solis Minerals Ltd - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Solis Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Solis Minerals Ltd total liabilities for a breakdown of total debt and financial obligations.
Solis Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solis Minerals Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Evolution Energy Minerals Ltd
AU:EV1
|
-0.274x |
|
SATO Technologies Corp
V:SATO
|
-0.336x |
|
Carmat
PA:ALCAR
|
0.344x |
|
Orcoda Ltd
AU:ODA
|
-0.059x |
|
IMPIANTI S.P.A.
F:F67
|
N/A |
|
NV Gold Corp
V:NVX
|
-0.046x |
|
STAK Inc. Ordinary Shares
NASDAQ:STAK
|
N/A |
|
Oscar Mitra Sukses Sejahtera Tbk PT
JK:OLIV
|
0.061x |
Annual Cash Flow Conversion Efficiency for Solis Minerals Ltd (2018–2023)
The table below shows the annual cash flow conversion efficiency of Solis Minerals Ltd from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see Solis Minerals Ltd (SLMN) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-05-31 | CA$4.66 Million ≈ $3.37 Million |
CA$-1.53 Million ≈ $-1.11 Million |
-0.329x | -1.02% |
| 2022-05-31 | CA$6.13 Million ≈ $4.43 Million |
CA$-1.99 Million ≈ $-1.44 Million |
-0.326x | -329.83% |
| 2021-05-31 | CA$5.62 Million ≈ $4.07 Million |
CA$-425.97K ≈ $-308.14K |
-0.076x | -358.16% |
| 2020-05-31 | CA$1.83 Million ≈ $1.32 Million |
CA$53.73K ≈ $38.87K |
0.029x | +129.42% |
| 2019-05-31 | CA$2.32 Million ≈ $1.68 Million |
CA$-231.71K ≈ $-167.62K |
-0.100x | +80.04% |
| 2018-05-31 | CA$2.40 Million ≈ $1.74 Million |
CA$-1.20 Million ≈ $-867.35K |
-0.500x | -- |
About Solis Minerals Ltd
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper, gold, silver, lithium, battery metals, and iron oxide. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.